Malaysian stock market tumbled again today by more than 25 points before noon. This has been the 5th consecutive falls in the market this week.
I have started to worry about the share market now. I am in total dilemma now as to exit or to remain in market. With the index keep dropping, my paper loss has increased and I am not able to predict when it is going to stop.
With stop loss mechanism come into place, I should have cut the loss by selling some counters way long ago. But i failed to do so..
I haven't seen the bottom but it is now way too hurt to cut loss by selling off the shares.
Some people believe that it is worth accumulating stocks when market tumbled as there could be some bargains out there. But dilemma again - I do not have money to enter new markets without gettng rid of the bad stocks.
Wait and see...
